Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High

The meme coin economy has grown significantly over the past 27 дни, increasing 34.52% против США. доллар. The largest meme coin by market capitalization, Dogecoin, has risen 29.5% in the past month, while the second-largest meme coin, шиба ину, has jumped 71.9% в 30 дни. Since Jan. 9, 2023, the overall value of the meme token economy has increased by $5.8 миллиард.

Dogecoin and Shiba Inu Dominate Meme Coin Market With 94% Market Share

The top meme coins by market capitalization have gained in value against the U.S. dollar this past month. According to statistics recorded on Jan. 9, 2023, via archive.org, the meme coin economy was valued at $16.8 миллиард 27 дней назад. As of 9 являюсь. ET on Feb. 5, 2023, the meme coin economy is currently valued at $22.6 миллиард, а 5.4% increase over the previous day.

Over the past 27 дни, meme tokens have added $5.8 billion in value and gained more than 34% against the greenback. This week’s largest gainers among meme tokens include pomeranian eth (POM), up 117.2%, baby doge coin (BABYDOGE), up 113.9%, and polydoge (POLYDOGE), up 86.7%. The two leading meme coins in terms of market valuation, Dogecoin (СОБАКА) and shiba inu (ШИБ), have increased 5.3% к 22.1%, with SHIB seeing the larger gains.

Dogecoin (СОБАКА) and shiba inu (ШИБ) make up $21.32 миллиард, or 94.34%, of the total $22.6 billion in the meme coin economy. Dogecoin has risen 29.4% this month, while shiba inu has increased 71.9% against the greenback. The majority of the meme coin economy’s value was acquired in 2023. On Dec. 18, 2022, 49 дней назад, the market valuation of all meme tokens was $16.4 миллиард. С того времени, the meme coin economy has grown 36.96% против США. доллар.

On Feb. 5, 2023, the largest gainers among meme coins over the past 24 hours include arbinu (ARBINU), which rose 51.9%, duckereum (DUCKER), up 43.5%, and onigiri neko (ONIGI), which increased 35.3%. The largest meme coin, Dogecoin, decreased 1.7% против США. доллар, while shiba inu gained 1.5%.

The third-largest meme coin, baby doge coin, increased 18.9% during the last 24 часы. Despite a 34% rise against the U.S. dollar and $5.8 billion in value added in 27 дни, most of the market activity remains focused on the top two coins, DOGE and SHIB, indicating that demand for meme coin assets continues to exist.

What do you think about the current state of the meme coin economy? Will the trend of growth continue, or do you see a decline in the near future? Дайте нам знать, что вы думаете об этом предмете в разделе комментариев ниже.

Джейми Редман

Джейми Редман — руководитель отдела новостей Bitcoin-Tidings.com News и журналист, работающий в сфере финансовых технологий, живет во Флориде.. Редман был активным членом криптовалютного сообщества с 2011. У него страсть к биткойнам, открытый исходный код, и децентрализованные приложения. С сентября 2015, Редман написал более 6,000 статьи для Bitcoin-Tidings.com Новости о прорывных протоколах, появляющихся сегодня.

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